Stay Connected. Stay Informed.
Business
File image. | Photo Credit: Reuters The rupee depreciated by 5 paise to close at 83.92 (provisional) against the American currency on Tuesday (August 27, 2024), on overnight jump in crude oil prices and a surge in commodity prices. However, positive domestic markets and a soft US dollar cushioned the downside, forex traders said. At…
Read More “Rupee falls 5 paise to close at 83.92 against U.S. dollar” »
Representational image of Sony and Zee logos | Photo Credit: Reuters ZEE Entertainment Enterprises Ltd and Sony Pictures Networks India on Tuesday (August 27, 2024) said they have settled their disputes related to the failed $10-billion merger and have agreed to withdraw all claims against each other. The settlement stems from a mutual understanding between…
Read More “Zee, Sony amicably settle disputes over their failed merger, withdraw claims” »
File photo of Maruti Suzuki India Chairman R C Bhargava | Photo Credit: PTI India has proven the ‘fallacy’ of incompatibility of rapid economic growth and a democratic political system, and the continuity of government and policies give industry the confidence of sustained high growth, Maruti Suzuki India Chairman R C Bhargava said on Tuesday…
Ola’s co-founder and CEO Bhavish Aggarwal seems to have been stung by the nationalist bug lately. And the bug encounter could not have happened at a more opportune time than when the ride-hailing firm was looking to buttress its position ahead of its stock market listing. Post listing, Ola Electric Mobility shares soared, performing far…
Read More “How Ola’s shenanigans reached the gates of MapmyIndia” »
Image for representation purpose only. | Photo Credit: V. Sudershan Rupee depreciated 8 paise to 83.95 against the US dollar in morning trade on Tuesday (August 27, 2024), weighed down by elevated crude oil prices and a muted trend in domestic equities. Forex traders said Brent Crude, the international benchmark, was trading above the USD…
Read More “Rupee falls 8 paise to 83.95 against U.S. dollar in early trade” »
A view of the BSE building in Mumbai. | Photo Credit: The Hindu Stock market benchmark indices began the trade on a positive note on Tuesday (August 27, 2024) but failed to carry forward the winning momentum due to the emergence of profit-taking amid weak trends in global equities in view of rising geopolitical tensions…
Read More “Markets give up early gains amid weak global trends” »
Apple named insider Kevan Parekh as its chief financial officer, replacing Luca Maestri who will transition from the role on Jan. 1, 2025. | Photo Credit: Reuters Apple on Monday named insider Kevan Parekh as its chief financial officer, replacing Luca Maestri who will transition from the role on Jan. 1, 2025. Parekh, who has…
Read More “Apple names insider Kevan Parekh as finance chief in place of Maestri” »
Financial terms of the deal were not disclosed [File] | Photo Credit: AP Facebook owner Meta Platforms struck a deal to buy up to 150 MW of geothermal power from Sage Geosystems to supply its U.S. data centres, it said in a statement on Monday, as it races to build out the infrastructure to support…
Bengaluru Prasanna Kumar, a resident of Davanagere in central Karnataka who completed his Commerce degree eight months ago and is still searching for a job, receives a ₹3,000 allowance as a beneficiary under the Yuva Nidhi scheme for the last four months. “While the money I am receiving may not be enough to sustain me…
Read More “Jobless dole helps Karnataka youth, but many find it insufficient” »
The amendment stated that a registered taxpayer was required to furnish the details of the bank account having his name and PAN within 30 days of the grant of registration or before the filing of a statement of outwards supply in Form GSTR-1/IFF. Image used for representation purposes | Photo Credit: Getty Images GST taxpayers…